Introducing a charming stand-alone home at 2/88b Kelvin Road, Papakura, Auckland - Papakura, perfect for first home buyers or investors. This property features 2 bedrooms, 1 bathroom, and a garage, all within a half share of a 700m2 Fee Simple cross-lease title land. The home, built in 1987, boasts a floor area of 77m2 and comes with a spacious backyard, ideal for family gatherings. The exterior is constructed with fibrous cement walls and a tiled roof, both in good condition. The level contour of the property adds to its appeal, making it a must-see.
Over the years, the capital value of this property has seen a significant increase, from $500,000 in July 2017 to $690,000 in June 2021, marking a 38% growth. The latest HouGarden AVM estimates the property's value at $675,000. Historical sales data reveals a steady appreciation, with the property last sold for $435,000 in March 2018, up from $250,000 in October 2012. This trend underscores the property's excellent investment potential.
The property is situated within the school zones of Kelvin Road School, Papakura Intermediate, and Papakura High School, all of which are decile 1 institutions. This location ensures access to quality education, making it an ideal choice for families. The proximity to schools, day-cares, Papakura town center, train station, and motorway on-ramps enhances its desirability.
Updated on March 21, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $589,000 | -11% | 42 |
2022 | $662,000 | -1.2% | 37 |
2021 | $670,000 | 30.1% | 77 |
2020 | $515,000 | 6.6% | 49 |
2019 | $483,000 | -0.7% | 56 |
2018 | $486,500 | -0.7% | 61 |
2017 | $490,000 | 2.3% | 41 |
2016 | $478,750 | 18.2% | 80 |
2015 | $405,000 | 28.6% | 70 |
2014 | $315,000 | - | 56 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 3 | 1 | 125m2 | 2024年05月01日 | $715,000 | Council approved | |
 | 0.26 km | 4 | 1 | 120m2 | 2024年03月16日 | $742,000 | Council approved | |
0.09 km | 2 | 1 | 80m2 | 2024年02月28日 | $650,000 | Council approved | ||
 | 0.11 km | 3 | 1 | -m2 | 2024年02月13日 | $800,000 | Council approved | |
 | 0.10 km | 3 | 1 | 90m2 | 2023年12月14日 | $753,000 | Council approved |